Resolved as „Yes”, if at any point before 2040 the dollar represents less foreign reserve holdings than some other currency. Currently, the dollar represents 58% of foreign reserve holdings worldwide, while the euro, second most used currency, 21%.
1,000People are also trading
@Sprunki Retake Factors such as changes in geopolitical relations and the development of digital currencies will greatly influence this issue.
@RemNi What do you mean by demonetises? If there are more foreign reserves held in btc for example, then the question resolves as YES
@ukaszBartoszcze if money is no longer used as a store of value, or is no longer used in most transactions
@RemNi then this is about what happens until this point with the foreign currency reserves- I strongly suspect they won’t be comprised of dollars in the transition towards demonetisation
@ukaszBartoszcze for example if a more efficient system emerges enabling an improved exchange of goods and services and this doesn't map to scalar values, so the concept of money becomes obsolete